Pending home sales beat expectations, breaking 17-month losing streak, thanks to lower mortgage rates – "When you combine that with the incredibly low mortgage rates, it is not surprising to now see two straight months of increases." The recent weakness in the housing market could be turning around,
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Barry Habib, a well-known mortgage rate commentator, says mortgage rates will be "the lowest they’ve ever been" in the next 12 months. Yes, lower than the 3.31%, 30-year fixed average seen.
FHA Low Down Payment – Fixed Rate Mortgage Let the an FHA Loan Help You. All too often, people find a home they would love to own and they are ready to make the purchase.
Fed’s first rate cut in more than 10 years: What it could mean for your finances – Contradicting the impetus to cut, the economy is in its longest recorded expansion, unemployment is low and there is ample.
Mortgage Rates Were Falling Before Fed Signaled Rate Cut – Mortgage rates have fallen recently to the lowest levels since late 2016, tracking a broader slide in U.S. Treasury yields..
The average 30-year fixed mortgage rate is 3.97%, up 4 basis points from 3.93% a week ago. 15-year fixed mortgage rates increased 2 basis points to 3.31% from 3.29% a week ago.
Compare Mortgage Rates and Loans – realtor.com – View current mortgage rates from multiple lenders at realtor.com. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages.
Are FHA Mortgage Rates Better / Lower Than Conventional. – The average rate assigned to a 30-year fixed FHA loan was 4.05%, during the same week. This is just one report that reinforces what we’ve stated above. FHA mortgage rates are often better and lower than conventional loans – at least on average.